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Semtech Corp Issues Q1 2014 Guidance; Revenue Guidance Above Analysts' Estimates
Semtech Corp announced that for the first quarter of fiscal 2014, the Company expects net sales to be in the range of $154.0 million to $162.0 million and GAAP earnings are expected to be in the range of $0.17 to 0.24 per diluted share, Non-GAAP earnings are expected to be in the range of $0.43 to $0.49 per diluted share. According to I/B/E/S Estimates, analysts expect the Company to report revenues of $152.21 million and EPS of $0.45 for the first quarter of 2014.
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